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LT Overseas (Daawat) enjoys strong growth in basmati rice, low valuation and has started a new growth business
LT Overseas is among the earliest companies to have recognised the market for branded rice, particularly the basmati variety and established its Daawat brand firmly in the domestic market. LT is the third largest basmati rice producer after KRBL (India Gate and...
What if you were to ask some top investors, “what is THE one thing that you cannot ignore?” It is an extremely catchy idea; but for it to work, it has to necessarily incorporate the ideas of the most successful people. Alas, this is where this book fails. The 12 people whom John Mauldin, the author, has asked this question to, are not the best. They include Bill Bonner, for instance, whose...
Last week, we had said that from the depths of despair rises hope and that there are several indicators now to suggest that we may be witnessing a short-term bottom. In the event, we have, indeed, seen a rally albeit a tepid one. This was also anticipated. As we had said, the market mood is in favour of selling not buying; so this rise will be in fits and starts. It was obvious that the market...